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Automotive News & Views Are gas prices fueling your pain? 
10042 messages, Last post on Jul 12, 2008 at 3:07 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: flash11 (Apr 23, 2008 5:31 pm) "We've got the Corporatocracy that dictates $3.60/gallon here, they have Chavez that dictates $1.00/gallon, hmmm. Which dictatorship do you think will win ?" Are you serious  You do realize that gasoline prices are high because demand is high? The oil companies do not make us buy big vehicles. The problem is US not them.... repeat after me: Supply/Demand, Supply/Demand, Supply/Demand  And just for the record, gasoline prices in Venezuela are in the 10 to 20 cent a gallon range. "As long as they keep the price low over there, they will get stronger and stronger," Low prices will make them lazy. Their businesses are inefficient. Eventually their governments will run out of money and the subsidies will evaporate. If you don't believe me research what happened to Indonesia in 2005. They raised gasoline prices by about 100% overnight. Demand the next month dropped 20%. "and the US well...unless something is done real quick, say byebye to your prosperous lifestyle unless you are very rich of course." People will adjust. Countries like China and India will surpass us. In what? And who cares. "This is not about oil, its about political survival." No, this forum is about oil or more specifically: What will you do when gas price rises above $4 a gallon? The left wing or right wing political talk is best left to another blog.
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Replying to: steve_ (Apr 23, 2008 1:39 pm)
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...but it definately concerns my co-workers at my little part-time gig. The cost of fuel is only a minor concern. They're more concerned with the affect the cost of fuel has on food prices. Somebody was telling me something about a gallon of milk being over $5. It's been a long time since I bought milk by the gallon, but that fact is an eye-opener and how it can affect working-poor people with children.
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Replying to: lemko (Apr 24, 2008 4:03 am) Wow, they must be buying some type of organic derived milk. I paid $3.39 yesterday at our local store for a gallon of skim milk. I've kept track of all of our expenses (quicken) for many years, so I can fairly accurately monitor where our money is going. YTD, we've actually spent $200 less so far this year vs. last year over the same period. Gas OTOH, I've spent $800 more so far this year, but we've done more traveling this year along with price increases.
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Replying to: dieselone (Apr 24, 2008 4:13 am) I'll have to check out the milk prices on my own sometime. Oftentime in poorer neighborhoods, there are no supermarkets, so poorer folks actually end up shopping at corner stores or convenience markets where prices are significantly higher.
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Replying to: avalon02wh (Apr 24, 2008 3:32 am) In many ways, oil has become so powerful and necessary a commodity in this world that it has BECOME politics. Oil prices affect EVERYTHING...a true implementation of trickle-down theory, because we use the fuel from oil to both produce and deliver pretty much everything else. So yeah, the price of oil is a political issue. Especially when we're in a recession, since high oil prices contribute to economic slowdown by making everything else expensive.
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Replying to: bpizzuti (Apr 24, 2008 4:35 am) |
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Replying to: lemko (Apr 24, 2008 4:39 am) It's a self-propagating cycle. |
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The future seems to fit a pattern now. The democrats in congress have been running against Bush all along; they'll do anything to make him look bad. They are purposely not doing any of the things to affect the pricing of gasoline for the consumers to make Bush look bad by election time and to put the economy further into the recession we are in. The high cost of fuel, which many people refuse to cut back on, is taking discretionary money out of the economy. This slows the spending in other areas and puts those companies into recession mode. Then layoffs and more people not spending money and the spiral continues. Add to that the idiotic move in congress to suppose alcofuel with tax dollars to big corporations to make ethanol from food is increasing the cost of food. Little of the higher price for corn and wheat has been paid to farmers; it's mostly middlemen profits and traders' profits from the increases. But the people getting to build alcohol plants with taxpayer support are appreciative of their congress people's support. In summary, don't expect gas prices to moderate through the summer. That will be despite the unwise gift of lots of checks to people as tax refunds to spend before the election to try to shore up the economy.
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Replying to: lemko (Apr 24, 2008 4:39 am)
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